I predict a $8 bottom in January 2023, from which the sky is the limit.
Long term it looks great. With the addition of Elliot wave patterns, even in the short term it looks promising. We have witnessed the bottom already. Time to restock on the juicy TQQQ.
In all crisis people will forget what really matters: economic growth in the technology sector will turn this baby into a 5x the next 2 years. HODL for free money
Scenario 1: It confirms the support and then breaks through the resistance => Price Target 1 Scenario 2: It breaks through the resistance without struggle => Price Target 2 Price Target 1: $3.75 Price Target 2: $6 Overall it is technically looking very strong in both cases. Fundamentally it is also a strong play due to the upcoming Fort Canning update with...
I did these by hand - do you know an indicator which calculates exponential regression ?
The previous trend was broken with an overshoot. The new trend has been established, but this time there is less room it can climb to before it has to come down to within the last 10 year exponential groth curves.
It bounced off the lower level to center itself along the upwards trend, overshooting into oblivion.
Oil gaining momentum outside of its previous boundaries to energize itself up to new hights breaking the target of 41 USD
Oil gaining mommentum to Go UP - new target 41$
Everything are converging at one point and it is clearly indicating huge chances comming up. Everything is clearly pointing towards a bullish ralley.
The road to 50$ is clearly set. Target will be reached in July.